ArcBest Treasurer Matt Beasley was named the company’s next CFO.
Beasley, who will serve as CFO and treasurer, succeeds David Cobb, whose retirement from the company was announced in December. Beasley’s starts his new role May 14, the company said in a press release.
Beasley has worked for ArcBest since January 2022. Cobb, a 17-year company employee, will transition to senior advisor until his retirement in October.
Beasley has more than 20 years of financial experience, including executive-level roles in treasury, investor relations, enterprise risk management, and financial planning and analysis. ArcBest credits Beasley with renegotiating the company's revolving credit facility, planning long-term capital allocation and selling FleetNet America to Cox Automotive Mobility Solutions.
"Matt is a well-rounded and experienced leader who has positively impacted our organization, and I look forward to working closely with him as the next CFO," ArcBest chairman, president and CEO Judy McReynolds said in a statement. "Since joining ArcBest last year, Matt has become an invaluable contributor, and we will continue to leverage his experience and expertise as we advance our growth strategy."
